

CANADA PENSION AND OLD AGE SECURITY AMOUNTS
Maximum Income Security Benefits Effective January 1, 2008
|
|
|
|
Retirement Pension (at age 65) |
$884.58 |
|
Disability Pension |
$1,077.52 |
|
Death
Benefit (maximum lump sum) |
$2,500.00 |
|
Survivor's Pension (under age 65) |
$492.28 |
|
Survivor's Pension (age 65 and over) |
$530.75 |
|
Children of Deceased or Disabled Contributor |
$208.77 |
|
Combined Pensions |
|
|
Survivor\Retirement (retired at age 65) |
$884.58 |
|
Survivor\Disability |
$1,077.52 |
|
Yearly Maximum Pensionable Earnings (YMPE) for year 2008 |
$44,900.00 |
|
OLD
AGE SECURITY PROGRAM (JANUARY - MARCH 2008) |
|
|
Basic
Old Age Security pension |
$ 502.31 |
|
Guaranteed Income Supplement (GIS) |
|
|
Single |
$ 634.02 |
|
Spouse of non-pensioner |
$634.02 |
|
Spouse of pensioner |
$418.69 |
|
Spouse of Allowance recipient |
$418.69 |
|
Spouse's Allowance (SPA) |
|
|
Regular |
$921.00 |
|
Widowed |
$1,020.91 |
|
OAS 15% clawback commences with an income above $64,718. The full OAS pension is eliminated when a pensioner's net income is $104,903 or above. |
|
Further information can be found on the
Service Canada website at the attached link:
http://www.hrsdc.gc.ca/en/isp/statistics/rates/pdf/janmar08.pdf